Reliance 3 bar bullish momentum divergence seen on daily timeframe awaiting confirmation and if it moves above which could bring it back to at least 2075 again.the stock is at a support zone currently and in consolidation mode
#BalkrishnaIndustries weekly bullish momentum divergence seen. all timeframe has enough momentum to breakout. daily is trending in a channel upwords
Godrej properties momentum range shifted on last post July 10 2021 & later a bull reverse momentum divergence lifted market nearly 10% up from there.
#USDINR gravestone doji candle pattern on monthly channel top of a potential bullish flag pattern could mean some period of down move at least.
#DRREDDY Look at the monthly for the "good" cup and handle pattern with a bullish reverse momentum divergence. Now look the weekly for the bad/ugly where it is forming a double top and approach neckline. To go for long or short depend on your time horizon for the trade.
Nifty Pharma bullish momentum reverse divergence awaiting confirmation. Previous week had bearish momentum divergence met the target when index dipped near 6% and bounced back.
Gold Monthly cup and handle pattern formation showing bullish breakout in medium to long term and so Never too late to enter long on this shining metal that is a hedge to inflation. Definite add to your investment portfolio too.
#hdfcbank heading south. it slid from the year long trendline channel post q1 results and then M pattern neckline broke off earlier to set loose the slide and now lost the Fibonacci 50 retracement level 61% also along with a below 40 rsi bearish momentum. Twice of double bottom could take the FII darling till 1360?
Reality Sector Index shows bullish momentum reverse divergence which could mean further upmove.it was consolidating after an earlier breakout from a rounding pattern.All timeframes have bullish momentum and trend. #dlf seems to be breaking out. godrej properties on verge of one.
#bharatelectronics #BEL rounding pattern connecting more than 3 year old resistance and could be a breakout candidate. momentum bullish and Trend indicator rising on all timeframes. Trade only on confirmation with tight stoploss. bearish momentum divergence exit on short term.
#TataSteel walking on the Bollinger band is clear bullish trending move.it is a rounding pattern break out that 16 July. All timeframes good bullish momentum and trend.Make note of volume spike before making entry as it is currently seen below moving average
#Reliance looks like heads to old support zone. momentum on support point
#niftypharma 6% single candle fall on pharma index today. only reason technical analyst could see if probably the pending due bearish divergence marked. all gains of 3 months gone in single day.
#apollohospital post pandemic breakout trending steady with good momentum and volume. on channel top right now and median retracement or 23FIB could give opportunity for entry. watch out adx bent and divergence confirmation levels for interim correction signals.
Auto Sector M pattern neckline broken. is it heading to break the weekly one.?
Wipro price doubled in just 10 month but after a long consolation of two decades. Big moves after big sluggish
Rounding pattern breakout on weekly Larsen & Toubro
IT Index Trending and all IT stocks are performing and trending with great momentum but need for caution need is that there momentum divergence exit on the chat which would mean that price is moving up but momentum is dropping